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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$769,900
Cap Rate The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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Lot Size
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Building Size
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Premise Summary
TURNKEY LEGAL DUPLEX! Located in the family friendly neighbourhood of Country Hills close to all amenities, schools and parks. Unit 1 has been fully renovated with new kitchen, bathroom and flooring throughout. It features an open concept layout, 3 bedrooms and private side yard. Unit 2 is a well maintained bachelor apartment with large windows, good ceiling height and additional storage space. Both units have in-suite laundry, parking for 4 cars plus the large garage and additional green-space make this a great investment or place to call home. The 3 bedroom unit is currently vacant and the lower unit has a great tenant. Potential to add 3rd/4th unit on this property for a massive value boost! Book your showing today! (id:39198)
Location
Province
Ontario
City
Kitchener
Address
7 Hillside Drive
Postal Code
N2E1R1
Location Highlights
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Listed by
Cloud Realty Inc. Ontario listing
Category
Property Information
Premise Status
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With Accommodation
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Tenancy
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Lot Size
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Available Space
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Building Size
984
Year Built
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Years Remaining in Current Lease Term
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Renewal Options
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Operational Information
Number of Working Owners
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Current Owner - years
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FF & E Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Not Included
Franchise
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Financial Information
Yearly Rate
$769,900
Asking Price
$769,900
Cap Rate The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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NOI Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
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Gross Revenue- annual
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Cash Flow - annual
1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
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EBITDA Earnings Before Interest, Taxes, Depreciation, Amortization.
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Premises Size (square feet)
984
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
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Market Competition
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